Coal companies across the country are living in fear that the Environmental Protection Agency’s (EPA’s) proposed rule to reduce carbon emissions from coal-fired plants will require costly retrofits that would ultimately force them out of business.
Companies also fear the proposed standards could delay the introduction of innovative clean coal technology called integrated gasification combined cycle, or IGCC, also a pricey technology, but one that strips carbon dioxide out of burning coal and then concentrates it, allowing it to be captured and dispatched to an underground storage location.